Historic Jewel Heist

By Edward Crespo

Insurancejournal.com

Back around November, a jewel heist  happened in a German museum that is in city of Dresden. A manhunt was underway, after the thieves broke into one of Europe's largest treasure collections and stole jewelry that was worth over $1 billion. The daring heist happened inside the Green Vault at the Dresden Castle in eastern Germany on a November 25 Monday morning. The BBC News reports, German police said “The thieves stole three historic jewelry sets, which contain 37 parts each.” The Authorities and museum officials in Saxony are still trying to figure out how much jewelry was taken from the vault.: "We are talking here of objects of immeasurable cultural value," the museum director Dirk Syndram said in a news conference. "It's almost world cultural heritage. There is nowhere else a collection of jewelry in this form, quality and quantity." The Police said two robbers came in through a window, walked toward a glass vitrine, smashed it and left with several kinds of stolen jewels which is also including diamonds, rubies, emeralds and sapphires and many others among them. Marion Ackermann, the director general of the Dresden state museums, said the "priceless" items "cannot be sold on the art market legally they're too well known."  Saxony's Minister-President Michael Kretschmer, denounced the crime on Twitter. :"Not only the state art collections were robbed, but we Saxons." It was also tweeted, "The treasures that can be found in the Green Vault and in the Residence Palace have been hard-won by the people in the Free State of Saxony over many centuries," Kretschmer tweeted, "One cannot understand the history of our country, our Free State, without the Green Vault and the State Art Collections of Saxony." The Green Vault is one of the oldest museums in Europe. It was founded by a man named August the Strong, an Elector of Saxony, in 1723. One of 12 museums that make up the famous Dresden State Art Collections, the vault is split into a historic and a newer exhibition. According to the BBC, there are about 3,000 items of jewelry and other treasures decorated with gold, silver, ivory and pearl. Three rooms were destroyed during World War II, but the museum was restored and opened to the public in 2006. The 41-carat gem known as the Dresden Green Diamond is the museum's most valuable jewel. It was safe, since it was currently on loan to the Metropolitan Museum of Art in New York. The would mostly likely have insurance since the glass that has the jewels were broken. The thieves would most likely not be caught easily, since it looks like it was carefully planned and executed that it they would be hard to find. 

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